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    Macroeconomics Study Set 39
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    Exam 12: Aggregate Demand Ii: Applying the Is-Lm Model
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    To Stabilize Falling Prices in 1930, What Did Pigou Suggest
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To Stabilize Falling Prices in 1930, What Did Pigou Suggest

Question 68

Question 68

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To stabilize falling prices in 1930, what did Pigou suggest?

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Pigou pointed out that real money balanc...

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